A warehouse can be an asset to any business that deals with large volumes of inventory or equipment. It can also be a good investment for businesses that want to diversify their income through real estate investments. But deciding whether to rent or buy warehouse space is a decision that requires examining your business needs, financial resources and future growth.
What is public warehouse?
Leasing warehouse space has a lower upfront cost compared to purchasing property. Warehouses to rent reduces the capital you must invest in a warehouse and allows you to direct more financial resources toward core business functions. Leasing also transfers the responsibility of maintenance and repairs to the property owner, freeing up your company’s financial resources for other projects.
It’s important to calculate cubic footage of a warehouse you’re considering for rent. This will give you insight into the maximum storage capacity of a warehouse. Factors like floor area and ceiling height will affect cubic footage, so you’ll need to understand these variables before making a final decision on a warehouse for rent.
When choosing a warehouse to rent, you must consider the layout of the space and how it aligns with your workflow. For example, do you need an office space for employees to conduct work? Is there enough room for equipment? Will the warehouse be suitable for container movement? If your shipments are transported on pallets, you’ll need to ensure the warehouse has the right infrastructure. Otherwise, your shipments will be more difficult to load and unload, increasing your transportation costs.